TDS ON BANK INTEREST
This query is : Resolved
12 February 2010
IF we are not submiting form 15G/H to the bank whether the bank will deduct TDS on fixed deposit interest or not ...?
12 February 2010
yes
12 February 2010
Dear Venkatesh,
The bank will deduct TDS onlt if the interest amount exceeds Rs 10000/- in a year.
Regards
The bank will deduct TDS onlt if the interest amount exceeds Rs 10000/- in a year.
Regards
12 February 2010
Yes Bank will deduct the interest if the interst more than Rs.10000/p.a
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